Bitcoin fell below the US$60,000 mark again around 4 a.m. this morning, falling as low as US$58,500, and then quickly stopped falling and recovered to stand above US$60,000 again.

A total of 89,818 people were liquidated in the market in the past 24 hours, with a cumulative liquidation amount of approximately US$360 million.

It is worth noting that although Bitcoin closed down 4.6% yesterday, the market value of cryptocurrencies excluding Bitcoin and Ethereum still closed up yesterday, indicating that the recent trend of altcoins is stronger than Bitcoin.

This article Bitcoin drops below the 60,000 Mg mark this morning as altcoins perform relatively strongly appeared first on Zombit.